same here… I can’t log into the mobile app.. seems to be a recurring problem.. very frustrating.

OANDA Discussion

The Trim calculation is actually quite straightforward - and I trade off my phone. A = applied profit from hedge trade B = current draw down from the opposing losing outside trade C = Trim Percentage D = Current size (units/lots) of opposing losing ...

Grid-Hedge Reboot #3

Hi Yoriz, I honestly don't know. I had written a long response to your post, but I didn't have any extensive back testing data to back up my response, so I deleted it. For me it's more of a psychological crutch; I'm less like to blow my account when ...

Grid-Hedge Reboot #3

Note: post#30 the update was for Friday, August 25, 2023, and not Thursday, August 24.

Grid-Hedge Reboot #3

Thursday August 24, 2023 (7:30 pm): Current open trade(s): None Today's closed trade(s): AUDUSD (SELL, opened on 8-16-23 @ 9:30 pm, EST): 1000 units @ 0.63717; closed @ 0.63820 @ 10:28 am, EST. (-$1.03) AUDUSD (SELL, opened on 8-23-23 @ 9:47 am, ...

Grid-Hedge Reboot #3

Wednesday August 23, 2023 (7:22 pm): Current open trade(s): AUDUSD (SELL, opened on 8-16-23 @ 9:30 pm, EST): 1000 units @ 0.63717; TP = 0.62970 (Current P/L = -$10.81) AUDUSD (SELL, opened on 8-23-23 @ 9:47 am, EST): 1001 units @ 0.64470; No TP ...

Grid-Hedge Reboot #3

Tuesday August 22, 2023 (8:48 pm): Current open trade(s): AUDUSD (SELL, opened on 8-16-23 @ 9:30 pm, EST): 1000 units @ 0.63717; TP = 0.62970 (75 pips; pip value = $0.10) Today's closed trade(s): AUDUSD (Sell, opened on 8-22-23 @ 3:42 am EST): 1001 ...

Grid-Hedge Reboot #3

Monday August 21, 2023 (8:15 pm): Current open trade(s): AUDUSD (SELL, opened on 8-16-23): 1000 units @ 0.63717; TP = 0.62970 (75 pips; pip value = $0.10) Today's closed trade(s): none Pending order(s): AUDUSD 1001 units @ 0.62970 (TP @ 0.62220 (75 ...

Grid-Hedge Reboot #3

Hi Paul, The way that I wrote scenario C means that either a buy6 or sell6 could be opened depending on the movement of the market, and it shows how rather complex these scenarios can become depending on the current volatility of the market. If you ...

Grid-Hedge Reboot #3

End of week update. Friday August 18, 2023 (4:00 pm): Current open trade(s): AUDUSD (SELL, opened on 8-16-23): 1000 units @ 0.63717; TP = 0.62970 (75 pips; pip value = $0.10) Today's closed trade(s): none Pending order(s): AUDUSD 1001 units @ ...

Grid-Hedge Reboot #3

Hi Paul, Yes. In the example from the previous post, only a short position would be added once the market turns down. BUT, if the market were then to reverse upwards by 100 pips, a EURCAD Buy & EURAUD Sell would be opened. You do accumulate lots of ...

Grid-Hedge Reboot #3

Hi Paul, Thank you for the question, and it IS one that I am constantly testing! This was the original answer that I wrote in the post that you referenced; I highlighted the most pertinent comments to your question: BUT, wait a minute!!! What if ...

Grid-Hedge Reboot #3

Update as of Thursday August 17, 2023 (8:12 pm): Current open trade(s): AUDUSD (SELL, opened on 8-16-23): 1000 units @ 0.63717; TP = 0.62970 (75 pips; pip value = $0.10) Today's closed trade(s): AUDUSD (SELL, opened on 8-17-23 @ 8:37 am) 1001 units ...

Grid-Hedge Reboot #3

Please note that the open trade for the update dated Tuesday, August 15th is incorrect. The AUDUSD sell trade (1001 units) was opened @ 0.64473 with a TP @ 0.63723 (75 pips @ $0.01/pip). Update as of Wednesday August 16, 2023 (10:00 pm): Current ...

Grid-Hedge Reboot #3

Update as of Tuesday August 15, 2023: Current open trade(s): AUDUSD (SELL, opened on 8-15-23): 1000 units @ 0.65228; TP = 0.64478 (75 pips; pip value = $0.10) Today's closed trade(s): AUDUSD (SELL, opened on 8-8-23): 1000 units @ 0.65228; TP hit @ ...

Grid-Hedge Reboot #3

Update as of Monday August 14, 2023: Current open trade(s): AUDUSD (SELL, opened on 8-8-23): 1000 units @ 0.65228; TP = 0.64478 (75 pips; pip value = $0.10) Today's closed trade(s): None Pending order(s): AUDUSD 1001 units @ 0.64608 (TP @ 0.63853 ...

Grid-Hedge Reboot #3

Risk, Why is the price at the 200MA considered "Fair Value"? Is this what the majority of large traders and Bank trading desks use as a de facto baseline? Best, Dave

A Simple Mean Reversion Strategy

End-of-Week update Update as of Friday August 11, 2023: Current open trade(s): AUDUSD (SELL, opened on 8-8-23): 1000 units @ 0.65228; TP = 0.64478 (75 pips; pip value = $0.10) Today's closed trade(s): None Pending order(s): AUDUSD 1001 units @ ...

Grid-Hedge Reboot #3

Update as of Thursday August 10, 2023: Current open trade(s): AUDUSD (SELL, opened on 8-8-23): 1000 units @ 0.65228; TP = 0.64478 (75 pips; pip value = $0.10) Today's closed trade(s): AUDUSD 1001 units @ 0.65980 (Sell, opened on 8-10-23); closed @ ...

Grid-Hedge Reboot #3

Update as of Wednesday August 9, 2023: Note: increased units from 500 to 1000 per trade Current open trade(s): AUDUSD (SELL, opened on 8-8-23): 1000 units @ 0.65228; TP = 0.64478 (75 pips; pip value = $0.10) Today's closed trade(s): None Pending ...

Grid-Hedge Reboot #3